earnings
confidence high
sentiment positive
materiality 0.85
Axon Q4 revenue up 39% to $797M; 2026 outlook 27-30% growth, 2028 target $6B
AXON ENTERPRISE, INC.
2025-FY EPS reported
$1.51
revenue$2,779,536,000
- Q4 revenue $797M (+39% YoY); Software & Services $343M (+40%).
- GAAP net income $3M ($0.03 diluted) vs $135M prior year; non-GAAP net income $178M ($2.15).
- Adjusted EBITDA $206M (25.9% margin), up 46% YoY; full-year revenue $2.8B (+33%).
- 2026 outlook: revenue growth 27-30%, Adj. EBITDA margin 25.5%; new 2028 target: $6B revenue, 28% margin.
- Operating loss of $50M in Q4 due to headcount and stock comp; net debt $112M.